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Delete comment from: Captain Capitalism

Anonymous said...

Don't you see that there is something wrong with how the economy is structured ?

Go back a few hundred years when people were craftsmen and mostly worked for themselves by producing for themselves and by themselves and only trading occasionally as a supplement.

If you make bread to feed yourself and your family, you will want to make as much bread as possible and store as much bread as possible while eating the least possible of it.

If somebody would come and tell this bread maker that he is not consuming enough bread, it would look like an outlandish remark.

The problem with the current system is that production is the hostage of demand while in the past it wasn't.

It's total nonsense that you need consumption to keep the economy going. It's total nonsense that the economy is not based on savings.

Jun 17, 2014, 7:18:13 PM


Posted to When the Economy Refuses to Play Keynesian Ball

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